Federal-Mogul posts higher Q2 profit despite aftermarket, currency setbacksWed, 27, Jul 2016
Diversified supplier Federal-Mogul posted a $31 million profit in the second quarter, up 41 percent from the year-earlier period, driven by a gain in its powertrain unit.
Superior Industries more than doubles Q2 net incomeWed, 27, Jul 2016
Aluminum wheel supplier Superior Industries International more than doubled its net income in the second quarter from a year earlier, a gain the company attributed to higher shipments and increased use of its new plant in Mexico.
FCA boosts 2016 profit target as Jeep fuels Q2 riseWed, 27, Jul 2016
Fiat Chrysler Automobiles raised its 2016 profit forecast after earnings in the second quarter rose 16 percent on robust demand for Jeep SUVs.
Mitsubishi Motors' Q1 operating profit tumbles 75% after mileage-cheating scandalWed, 27, Jul 2016
Mitsubishi Motors reported a 75 percent plunge in fiscal first-quarter operating profit as domestic sales slumped after it admitted to overstating the fuel economy of some of its vehicles.
Nissan profit declines 9% as stronger yen hits earningsWed, 27, Jul 2016
Nissan reported a 9.2 percent slide in global operating profit in the latest quarter as foreign exchange losses bit hard into earnings.
Valeo first-half profit rises 23% on intuitive driving, low-emissions techWed, 27, Jul 2016
Valeo reported a 23 percent rise in first-half profit as its intuitive driving and fuel-saving technology outpaced broader automotive industry growth in key markets
PSA unveils record first-half earnings, downplays Brexit impactWed, 27, Jul 2016
PSA unveiled record first-half profits on productivity gains and a European market rebound. The automaker said its operational margin resisted sterling's fall against the euro after the UK voted to quit the EU.
Mobileye says Tesla contract won't be extended; tech supplier posts 76% gain in Q2 profitsTue, 26, Jul 2016
Mobileye NV, an Israeli maker of driving-assistance chips and software, posted a surge in second-quarter earnings and revenue, but said its contract with Tesla would not be renewed after it expires.
Sonic Automotive's Q2 net income surges 54%Tue, 26, Jul 2016
Sonic Automotive's adjusted net income surged 54 percent in the second quarter to $22.8 million, largely on cost controls, as revenue and new-vehicle unit sales fell.
Asbury Q2 net income falls 11%Tue, 26, Jul 2016
Asbury Automotive Group's net income in the second quarter dropped 11 percent to $36.7 million, the company said today as both new- and used-vehicle sales dropped. Revenue dipped 4 percent to $1.627 billion. Asbury said the drop was due mainly to “strategic divestitures” of select dealerships in the second half of 2015.
Faurecia lifts 2016 profit guidance after strong first halfTue, 26, Jul 2016
Faurecia raised its full-year guidance after reporting a stronger first-half performance in Europe. Operating income rose to $539 million, the French supplier said.
Hyundai Q2 profit slips 2.6%; tougher U.S. market, Brexit hit forecastTue, 26, Jul 2016
Hyundai's quarterly profit slipped 2.6 percent percent to $1.46 billion, the 10th consecutive decline. Shrinking demand for its sedans in the U.S. hit earnings. Hyundai also said the U.K.'s Brexit vote had clouded its outlook for the EU.